After a bad start to the day, the Indian equity markets appear to be narrowing their losses on Tuesday, March. In addition, Nifty Bank and its constituent banking shares appear to be standing out yet again with gains in the day.

Nifty Bank

The Nifty bank index gained 0.41 per cent or 194.95 points. This took the overall index to 48,309.25.

State Bank of India

Some of the biggest gainers at this corner came in the form of SBI, the largest bank in the country. The state-owned bank saw its shares jump by an impressive 3.01 per cent or Rs 20.90.

This took the overall value of the company shares to Rs 716.20.

Another state-owned bank, the Canara Bank also saw its shares rose in the intraday trade on Tuesday.

The Bengaluru-based bank's stock price rose to Rs 82.90. This came to pass after the bank stocks gained 1.82 per cent or Rs 1.48.

Punjab National Bank

Punjab National Bank or PNB, another major public sector bank saw its shares rise in the intraday trade.

The PNB shares rose by 0.81 per cent or Rs 0.71, taking the overall of the PNB stocks to Rs 88.00 per share.

Federal Bank Ltd

The biggest loser of the day would be the privately-owned Federal Bank.

The Thrissur-based bank's shares sharply dropped by 1.23 per cent or Rs 2.21. This took the overall of the company shares to Rs 177.27 per piece.

RBI's Recent Decisions

This comes to pass after a series of measures from the RBI, which have aimed to increase liquidity in the system. The RBI, in 2024, reduced the CRR, in its MPC meeting.

This was followed by a much-awaited interest rate cut in February 2025. Recently, the RBI also reduced the Risk Weight on NBFCs making it easier for lending to come to pass.